Albany, NY Triplexes for Sale

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Updated: Jul 10

Updated Triplex Investment Property

472 Hudson Avenue, Albany, NY 12203

$409,900

3,197 sqft 0.06 AC lot

Updated 3‑family property with 10 bedrooms total
Reported income of $5,200/month
Public water and public sewer
Year built: 1920
Hot water heating

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472 Hudson Avenue, Albany, NY 12203

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$36K
Annual
Price @ 7% Cap

$520K
Above asking
Property Type

Triplex
Built 1920

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Updated: Mar 3

Mixed-Use Building with Retail and Apartments

204 Lancaster Street, Albany, NY 12201

$599,000

4,123 sqft 0.04 AC lot

Brick mixed‑use building in historic Albany with ground‑floor retail and two residential apartments above
Retail currently used as a tailor shop with strong street presence and suitable for multiple commercial uses
Recent capital improvements over $25,000: new commercial central air, rubber roof, and brand new hot water tank
Wood flooring and interior details including tray ceilings, walk‑in closets, built‑in features, and crown molding
Heating: natural gas; Cooling: central air; Water source: public; Sewer: public sewer

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Mixed-Use Auto Shop and Apartments

187 Jefferson Street, Albany, NY 12210

$449,777

8,906 sqft 0.21 AC lot

Mixed-use property with an operating auto repair shop plus three apartments needing renovation and dedicated parking.

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Mixed-Use Office and Two-Unit Home

342 Hamilton Street, Albany, NY 12210

$485,000

3,649 sqft 0.11 AC lot

Downtown Albany mixed-use property includes ground-floor professional offices, plus two residential units and a six-space private parking lot.

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Mixed-Use Corner Building

558 Madison Avenue, Albany, NY 12208

$700,000

4,936 sqft

Corner mixed-use building with full first-floor commercial space and three upstairs 1-bedroom units, pending renovation.

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Three-Unit Multifamily Building

175 Eagle Street, Albany, NY 12202

$368,000

2,160 sqft 0.04 AC lot

Well-maintained three-unit multifamily with hardwood, ceramic tile, stainless appliances, newer boiler, and in-unit washer/dryer.

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All-Brick Triplex for Residential Income

117 4th Avenue, Albany, NY 12202

$499,900

3,835 sqft 0.05 AC lot

Three remodeled apartments in an all-brick triplex with separate utilities and two currently vacant units for faster occupancy.

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Three-Unit Brick Multifamily

210 Western Avenue, Albany, NY 12203

$360,000

2,712 sqft 0.05 AC lot

Well-maintained brick 3-unit property with hardwood floors, shared laundry, and access to a common courtyard.

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Three-Family Residential Income Property

1 Loralee Drive, Colonie, NY 12205

$468,500

2,395 sqft

A three-unit triplex with one occupied unit and two vacant units ready for immediate occupancy.

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Mixed-Use Bar and Apartments

427 S Pearl Street, Albany, NY 12202

$329,000

5,760 sqft 0.04 AC lot

Turnkey remodeled building with a renovated bar/lounge and two occupied two-bedroom apartments.

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Three-Family Residential Income Property

9 Kent Street, Albany, NY 12206

$389,000

2,984 sqft 0.11 AC lot

Well-maintained three-family with two 1-bedroom units and a 3-bedroom unit, plus off-street parking and laundry access.

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Updated 3-Family Income Property

472 Hudson Avenue, Albany, NY 12203

$409,900

3,197 sqft

Updated 3-family property with 10 bedrooms and reported $5,200/month rental income.

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Three-Unit Income Property

77 S Allen Street, Albany, NY 12208

$495,000

3,495 sqft 0.13 AC lot

Well-maintained three-unit building with updated components and established rental mix generating $5,400/month.

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Albany Warehouse District Investment Opportunity

405 N Pearl Street, Albany, NY 12207

$989,000

9,569 sqft 1.43 AC lot

Three parcels in downtown Albany's Warehouse District for sale.

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Triplex with Park-View Balconies

52 Park Avenue, Albany, NY 12202

$329,777

3,300 sqft 0.06 AC lot

Renovated triplex on Park Avenue with original interior details, balcony views, and rear alley access for practical day-to-day use.

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Three-Unit Multifamily Property

72 Bassett Street, Albany, NY 12202

$249,999

1,368 sqft 0.02 AC lot

Updated three-unit building with two vacant upper units and a tenant-occupied basement unit.

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Federal-Style 3-Unit Multifamily

154 Jefferson Street, Albany, NY 12210

$369,800

2,970 sqft

Three separate apartments with private rear porches, hardwood floors, and individual gas/electric metering.

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Mixed-Use Triplex with Commercial Space

418 Madison Avenue, Albany, NY 12210

$399,900

3,300 sqft 0.02 AC lot

Triplex with a first-floor commercial kitchen setup and central air, plus two upstairs one-bedroom apartments, zoned mixed.

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Brick Triplex with Updated Systems

210 Myrtle Avenue, Albany, NY 12202

$329,900

2,428 sqft

Brick triplex with two 1-bedroom units and one 3-bedroom unit, featuring recent HVAC, roof, electric, and window updates.

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Mixed-Use Building With Retail

197 Lark Street, Albany, NY 12210

$649,900

4,360 sqft 0.04 AC lot

Street-level retail is leased, with three residential units above, including rooftop access and in-unit laundry.

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Updated Three-Unit Residential Income

72 Bassett Street, Albany, NY 12202

$249,999

1,368 sqft

Three-unit property with two vacant units ready for occupancy and recent updates throughout the building.

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Turnkey Albany Investment Opportunity

64 Elm Street, Albany, NY 12203

$529,900

3,680 sqft 0.04 AC lot

Three-unit property with income potential and owner-occupant options.

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New Scotland Avenue Opportunity

4 New Scotland Avenue, Albany, NY

$595,000

1,680 sqft

Three-family property and two lots near Albany Medical Center.

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Brick Triplex With Updated Systems

210 Myrtle Avenue, Albany, NY 12202

$329,900

2,428 sqft 0.06 AC lot

Brick triplex with two 1-bedroom units and one 3-bedroom unit, with separate utilities and recent capital improvements.

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Albany, NY Triplexes Market Trends and Statistics

Explore 46 triplexes for sale in Albany, NY, showcased through 46 active listings on our real estate platform. These investment opportunities span a total of 138,436 square feet of properties for sale, with an estimated market value of $17,861,128.

Sale prices for three-family homes in Albany, NY start at $234,900, averaging $415,375, and reaching up to $989,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 155K

Population Growth (5Y) +6.9%

Median Household Income $76,899

College Educated 13.9%

High-Yield Neighborhoods for Investment

Identify Albany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
12208	$239.4K
12202	$314.8K
12209	$340K
12210	$364.7K
12203	$517.9K

Listings Trend

New vs delisted commercial listings in Albany County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Albany County

Retail

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Albany fall within the 100,000+ square foot range.

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Albany, NY Triplexes for Sale

472 Hudson Avenue, Albany, NY 12203

204 Lancaster Street, Albany, NY 12201

187 Jefferson Street, Albany, NY 12210

342 Hamilton Street, Albany, NY 12210

558 Madison Avenue, Albany, NY 12208

175 Eagle Street, Albany, NY 12202

117 4th Avenue, Albany, NY 12202

210 Western Avenue, Albany, NY 12203

1 Loralee Drive, Colonie, NY 12205

427 S Pearl Street, Albany, NY 12202

9 Kent Street, Albany, NY 12206

472 Hudson Avenue, Albany, NY 12203

77 S Allen Street, Albany, NY 12208

405 N Pearl Street, Albany, NY 12207

52 Park Avenue, Albany, NY 12202

72 Bassett Street, Albany, NY 12202

154 Jefferson Street, Albany, NY 12210

418 Madison Avenue, Albany, NY 12210

210 Myrtle Avenue, Albany, NY 12202

197 Lark Street, Albany, NY 12210

72 Bassett Street, Albany, NY 12202

64 Elm Street, Albany, NY 12203

4 New Scotland Avenue, Albany, NY

210 Myrtle Avenue, Albany, NY 12202

Albany, NY Triplexes Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

Residential Income

Property Size Breakdown

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